BigBear.ai Holdings, Inc. $BBAI Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) by 433.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 281,697 shares of the company’s stock after buying an additional 228,870 shares during the quarter. SG Americas Securities LLC’s holdings in BigBear.ai were worth $1,913,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Flaharty Asset Management LLC purchased a new stake in BigBear.ai in the first quarter valued at $26,000. Alpine Global Management LLC acquired a new stake in shares of BigBear.ai during the 1st quarter worth about $34,000. Foundations Investment Advisors LLC purchased a new stake in BigBear.ai in the 1st quarter valued at about $37,000. SLT Holdings LLC acquired a new position in BigBear.ai in the first quarter valued at about $37,000. Finally, Atria Wealth Solutions Inc. purchased a new position in BigBear.ai during the first quarter worth about $42,000. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. Cantor Fitzgerald restated an “overweight” rating and set a $7.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. HC Wainwright reaffirmed a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a research report on Tuesday, November 11th. Finally, Wall Street Zen raised shares of BigBear.ai from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 15th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, BigBear.ai has a consensus rating of “Hold” and a consensus price target of $6.33.

Insider Activity at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 11,978 shares of the stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $5.35, for a total value of $64,082.30. Following the sale, the chief financial officer directly owned 296,345 shares of the company’s stock, valued at approximately $1,585,445.75. This represents a 3.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total transaction of $133,760.00. Following the completion of the sale, the director owned 236,150 shares in the company, valued at $1,435,792. The trade was a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,980 shares of company stock valued at $197,853 in the last quarter. 0.54% of the stock is currently owned by company insiders.

BigBear.ai Trading Down 2.8%

BBAI opened at $5.81 on Thursday. The business has a fifty day moving average price of $6.74 and a 200 day moving average price of $5.83. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.13 and a quick ratio of 3.13. BigBear.ai Holdings, Inc. has a 12 month low of $1.97 and a 12 month high of $10.36. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of -4.09 and a beta of 3.42.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.01). BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The company had revenue of $33.14 million during the quarter, compared to analysts’ expectations of $31.82 million. During the same quarter in the previous year, the business posted ($0.05) EPS. The business’s quarterly revenue was down 20.1% compared to the same quarter last year. BigBear.ai has set its FY 2025 guidance at EPS. Sell-side analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

BigBear.ai Profile

BigBear.ai Holdings, Inc provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.